Creating Jobs.

Changing Lives

WADHWANI FOUNDATION
ENTREPRENUER:
(WE)

ENSURING FAMILY WAGES FOR

THOUSANDS THROUGH
CREATING STARTUPS

Ajay’s Review

Sep 26th 2022

@ Copyright Wadhwani Foundation 1

WE India, SEA 2022 Status Dashboard
KPI Jan-Mar Apr-Sept (Planned) 2022
Country Program Certified Funded Created Certified Funded Created YT Create Funded Projection
Ignite 1200 530 346 1060 660 1200
Liftoff 1 400 60 193 23 310 47 0 200/60
India Liftoff 2 250 25 15 2 145 15 0 100/15
Ignite 300 94 51 845 225 300
Liftoff 1 40 8 0 0 0 0 40 0 20/8
SEA Liftoff 2 10 2 0 0 0 0 10 0 10/2

Comments
1. Ignite India Jan-Mar Jury certification at 41% of all starts (excluding 127 carry forwards from Q4 2021. 219/530). Due to:
a. RMs focus shifted from Students Ignite to Startup Ignite; NEN management also took their eyes off NEN certifications.
b. D2S Ignites from Incubators/State startup missions had very high quality M4 submissions (95% conversion from NEN to Jury)
c. Overall expectation from Jury increased due to #a above
2. Plan to catch up
a. Updated template, golden deck and RM checklist created, increased focus to convert maximum from Apr-Sept Starts (1720)
b. Projecting to meet Ignite Jury certification numbers both in SEA and India.
c. Rajeev / Sonali will review all NEN certifications; Sanjay will review samples 
3. D2S Ignite from incubators/state startup missions now separated to Liftoff 1. Their M4 will be reviewed by new Jury/Investor.
Ankit/Deepak will connect them to Incubators and Grant agencies
4. Commercial startups with traction in revenue and customers now tracked under Liftoff 2. Paid lead consultants being on boarded to
conduct these cohorts (see slide 3)
5. Mentor engagement across Ignite and Liftoff 1 and 2 increased.
6. We have to finalize the Liftoff Certification criteria at the earliest. If revenue/customer increase at 25%, we will not meet the targets.
Funding goal in Liftoff 1 will be met. Liftoff 2 we are yet to see success at scale.
@ Copyright Wadhwani Foundation 2
Ignite | Jan-March 2022 – Attribution  Details
Question asked: Your student venture was selected because of its world-class quality for the Wadhwani Global Jury evaluation. On a
scale of 0 to 10, please frankly share how much do you think the Wadhwani NEN Ignite / Advanced program (course material,
guidance etc.) helped in your qualification for the Global Jury.
Attribution Score
Institutions 1 3 4 5 6 7 8 9 10 Total Attr % -8 Attr % - 7
D2C 1 5 4 14 46 42 31 143 83% 93%
BML Munjal University 1 2 1 2 3 2 11
UEM - Department Of Business Administration 1 3 3 6 13
University of Engineering & Management - Kolkata 2 3 11 40 36 24 116
Vel Tech Multi Tech Engineering College, Chennai 1 1 1 3
D2F 1 2 3 3 19 16 14 58 84% 90%
Institute of Engineering & Management, Calcutta 1 1 2 3 8 13 11 39
J K Lakshmipat University 1 1
Karunya Institute of Technology and Sciences 1 1 1 3
Medi-Caps University - Indore 1 1
MIT Academy of Engineering 1 3 4
MLR Institute of Technology 5 2 3 10
Grand Total 1 1 2 8 4 17 65 58 45 201 84% 92%

@ Copyright Wadhwani Foundation 3

Ignite | Jan-March 2022 – Attribution Details 12/33 Ventures
Batch Program Overall
No PV ID Attribution Score Content Platform Faculty
Mode Support Score
1 D2C 8451 5 9 7 9 8 8
2 D2C 8231 7 7 7 7 7 7
3 D2C 3805 5 6 7 5 5 7
4 D2C 3798 3 4 4 4 5 4
5 D2C 2546 6 6 6 7 4 7
6 D2C 8408 7 8 6 7 8 7
7 D2C 9798 7 8 7 8 8 8
8 D2C 2992 7 8 7 7 7 9
9 D2F 22967 5 9 9 9 9 9
10 D2F 24441 5 7 7 6 7 6
11 D2F 24821 7 9 8 9 8 8
12 D2F 24446 7 7 7 7 7 8
Comments
1. 12/33 that did not attribute and filled the endline survey
2. In 5 (#2, #3, #4, #5 ,#10)cases endline survey results and attribution correlated
3. In two cases (#1, #9) attribution was negatively correlated to the endline survey scores
4. Other 5 cases inconclusive
5. Deployment can not interview these specific ventures to explore more
@ Copyright Wadhwani Foundation 4
NEN Sourcing & Selection LiftOff 1 & LiftOff 2 | YTD 2022 
Program Jan
KPI
- Jan
Act
Feb -
KPI
Feb
Act
Mar -
KPI
Mar
Act
Apr -
KPI
Apr -
Act
May -
KPI
May -
Act
Jun –
KPI
Jun-
Act
Jul –
KPI
Jul-
Act
Aug –
KPI
Aug –
Act Sept - KPI Sept
Act
– Oct –
KPI
Nov -
KPI
Dec –
KPI
Total
(KPI)
Total
(Act)

LiftOff 1 0 0 100 141 50 52 40 45 40 41 60 54 60 60 60 106 60 60 60 0 0 400 568

LiftOff 2  0 0 0  0  0 0  0 15 30 43  0 0 30 37 0 41 30 40 0 30 0 250 175

Applications from ongoing campaigns Total Pending Evaluation Evaluated Selected

# Applications from Startup Odisha 18 01 17 11 (8 LO1 + 3 LO2)
# Applications from MSInS, Maharashtra 30 02 28 14 (11 LO1 + 3 LO2)
# Applications from KSUM, Kerala 33 01 32 25 (16 LO1 + 9 LO2)
# Applications from AIC- RAISE 17 00 17 14 (7 LO1 + 7 LO2)

# Applications from iStart Rajasthan (Cohort 2) 08 08 0 0

# Applications for WE Acceleration Program (LO2) 7 00 7 4

# Applications from Website Direct Entries 04 00 04 2 LO1

Detailed Interna 1:1 Orientati

on &
Platfor Progr
Applicati l m On-
on on the Screeni Pitch Expectati
boardin am
on
Website ng (Rubr Setting g Start
ics)
@ Copyright Wadhwani Foundation 5
LiftOff 1 Cohorts - CY2022
Sr. Cohort  Cohort Leads Cohort Status #Startups # Mentors Grants/Funding
No. Received so far Soft Commits
0 Ignite H2’21 Amit Completed 17 3 6
1 Feb 14’22 – STPI Amit Completed 39/51 13 15
2 Feb 21’22 – iHub Swarup + Sujatha Competed 27/51 10 2
3 Feb 28’22 – Mix Cohort Amit + Rajat Demo Day Pending 20/40 6 1 
4 Mar 28’22 – SUK & IIM K Swarup + Shaik Demo Day Pending 28/52 9
5 Apr 26’22 – IIM Nagpur Shubo + Sujatha Completed 25/45 5 2
6 May 23’22 - StartinUP Amit Demo Day Pending 20/41 18
7 June 1’22 - iStart Swarup + Vishal Completed 25/39 5 10
8 July 11’22 – B.Incube Subho + Sujatha Ongoing 20/30 14
9 July 29’22 - STPI Amit Ongoing (25)/29 To assign
10 Aug 22’22 – Mix Cohort Naved + Vishal Ongoing (32)/47 To assign
11 Aug 29’22 – AIC GUSEC Naved + Shaik Ongoing (25)/35 To assign
12 Aug 30’22 – Mix Cohort Ajay + Shaik Ongoing  (15)/30 To assign
13 MSInS, SO, KSUM,AIC Raise Amit + Vishal To Launch - Sept 26’22 (30)/40
14 Womenovator TBD To Launch – Sept 26’22 (25)/35
15 iStart Rajasthan TBD To Launch – Oct’22 (40)
Total (Projected to Complete/On-boarded) 380/568 24 12

Mentor Profiles:
1. Venu GR - https://www.linkedin.com/in/ibusinex/
2. Dr. Salman Shaikh - https://www.linkedin.com/in/dr-salman
3. Ranjith Rao - https://www.linkedin.com/in/ranjith-rao-25281813/
@ Copyright Wadhwani Foundation
4. Prajakta Mandar Joshi - https://www.linkedin.com/in/prajakta-mandar-joshi-31464061 6
Liftoff 2 '22 | Sourcing Improvements
Beneficiary: Start-ups that are at early traction (revenue/customers/grants) – These would be carefully selected with investible ideas and have achieved Product Market Fit (PMF), have a
sustainable business model (differentiated, innovative and scalable), early revenues/customers, a good founding team (Coachable, Street Smart) and may have raised initial grants.
Outcome from Liftoff 2: 1) Increase in Sales/Revenues/Customers 2) Business Model Innovation (PMF, GTM, Unit Economics, Team and Growth) 2) Commercial Investor Pitch ready 3)
Commercial Investor Access/Funding (> $50K) 4) Build talent and team 5) Interact, learn and develop through a community of startups
(It takes over 2 quarters, after the start of Liftoff for startups to gain traction in #customers, #users or revenue.)
What we can provide: Self served structured program covering all elements of Investible Pitch. Liftoff 2 program takes them thought 12 critical success elements for startups through case
studies, fire side chats with promoters of the startups cases are written on, concept notes, master classes and solution kits resulting in four investor pitch milestones.
 Help them set the goals for getting them for sustainable growth and commercialization
 Help them connect with paid Consultants, mentors and domain experts, who can help them with specific issues, challenges and gaps.
 Get them to demo day with Investors
Where can we find such startups:
 Top tier 1 and 2 Incubators/Accelerators and State Startup Missions (IIM Nagpur, IIM U, B-Next, B.Incube, iStart, i-Hub, StartinUP, TiE Network)
 WE Acceleration Program (our internal joint marketing efforts “call for applications” through social media and promotion on platforms such as Yourstory, Tracxn and F6S)
 Liaise with Angel Networks to provide us with startups that failed to raise funding due to disinterest or unavailability of a lead investor that is interested in the space or the
startup is weak at one or more BMV elements or founder group is not impressive (IAN, FAAD, Ah! Ventures, Antennae Ventures)
Support System: (WE India team does not have the ability to effect business growth in all the different domains startups come from. Pro-bono mentors need constant follow-up to engage
with startups)
 Paid consultants to anchor the program and hand-hold startups
 Experienced Mentors and Experts to connect with each startups
 Access to Investors through regular demo days

Plans for current cohorts: (Target to get 100 startups to complete the Journey):
 Continue tracking #customers, #users and revenue beyond the completion of the program
 Provide access to Investors and get eligible startups to pitch to multiple investors
 Build relationship with paid mentors and consultants in specific functional areas and business domains so that they can engage with startups on a paid basis with clear result
delivery.
@ Copyright Wadhwani Foundation 7
LiftOff 2 '22 | Cohorts - CY2022
Mentors
Sr. No. Cohorts Start Date #Startups Selected Cohort Lead Cohort Status Funding
Assigned
0 NEN Alumni (FC/AC) - - - - - 1

0 STPI & iHub Upgraded May’22 - - - - 2

1 2021 NEN Alumni RVs Apr 4’22 4/15 Shaik Demo Day Pending 3 1

2 Lateral Entries May Cohort May 23’22 20/43 Sujatha P3 18

3 Lateral Entries - B.Incube July 11’22 20/37 Shaik P2 14

4 Lateral Entries – IIM Udaipur Aug 2’22 (10)/14 Naved P1 5
5 Lateral Entries – STPI India Aug 4’22 (16)/26 Vishal P1 5
6 Lateral Entries - Mix Cohort Sept 2’22 (20)/25 Geetha + Naved P0 To assign
7 WE Acceleration Cohort + Direct Entries Sept 22’22 (10)/15 Geetha + Deepak To launch To assign
8 IAN/Angels Nov’22 15
100/175 4/(15)

LO2 will be run with paid Consultants that are being on-boarded. Few Mentor Profiles:
Profiles: 1. Bharat Moosadee -
1. Ajay Batra – https://www.linkedin.com/in/ajaybatra1/ https://www.linkedin.com/in/bharat-moossaddee-57329a2/
2. Geetha Sanjay – https://www.linkedin.com/in/geetha-sanjay/ 2. Phani Pattamatta- https://www.linkedin.com/in/phanipattamatta/
3. Akshat Khare - https://www.linkedin.com/in/akshat-khare-6b64436/ 3. Harsh Pangi - https://www.linkedin.com/in/harshpangi/
4. Prakash Nimbalkar - 4. Narayana Swaroop - https://www.linkedin.com/in/narayanaswaroop
https://www.linkedin.com/in/prakash-nimbalkar/
@ Copyright Wadhwani Foundation 8
Startup Grants Schemes
Scheme Name Details Funding Amount
NIDHI-EIR Programme is meant for potential innovative entrepreneurs at selected DST approved Technology Business
NIDHI EIR Incubators. The NIDHI-EIR Programme would provide subsistence grant to an aspiring or budding entrepreneur of Upto INR 3.6L
considerable potential for pursuing a promising technology business idea.

NIDHI PRAYAS Support from Idea to Prototype is the scheme under NIDHI aimed at addressing the gap in the very early stage of an INR 10L
idea/proof of concept funding.
TIDE 2.0 will promote tech entrepreneurship through financial and technical support to incubators engaged in supporting ICT
TIDE startups primarily engaged in using emerging technologies such as IoT, AI, Block-chain, Robotics etc. in pre-identified areas of Upto INR 7L
societal relevance.

The basic idea of seed support is providing financial assistance to potential startups with promising ideas, innovations and
NIDHI SSS INR 25L - 1CR
technologies.

Startup India Seed Fund Financial assistance to startups for proof of concept, prototype development, product trials, market entry, and Upto INR 50L
Scheme commercialization -Equity/Debt Based
STPI NGIS NGIS is a futuristic Incubation Scheme which offers comprehensive support & services to technology start-ups from various Upto INR 25L
STPI incubation facilities pan-India under one common umbrella.
Biotech start up journey, especially for first time entrepreneurs, is full of hurdles, both technological as well as business
BIRAC related such as business plan and market entry strategies, navigating regulatory hurdles, connecting and pitching to VCs and Upto INR 50 Lacs
networking with future stakeholders

NewGen Innovation and

Entrepreneurship Development NewGen IEDC aims to inculcate the spirit of innovation and entrepreneurship amongst the young S&T students, encourage Upto INR 15Lacs
Centre (NewGen IEDC) and support start-up creation through guidance, mentorship & support.

State Governments From INR 2 Lacs to INR 30 Lacs – every state has their own startup policy and grant funding process. INR 2-30 Lacs

@ Copyright Wadhwani Foundation 9

 Ignite | Content on the Platform
Topics & Assets Prioritization: H2 2022 Content Rollout Plan: What do we want to achieve?
H2 2022 Goals: • The content topics are based on the 12- Critical

Sustainable Differentiation
Customer and Markets

Go-To-Market Strategy
Opportunity Discovery

Customer Experience

Riskiest Assumptions
• Maximize WE-Focus Startup Success Elements. The asset types are a mix of Case

Team and Execution

Managing Growth
Startup Roadmap

Total by category
Lovable Product

Business Model
empowerment through customized studies, Fireside discussions with start-up

Funding
content and connects   Priority by entrepreneurs, Expert videos, Masterclasses, and
Asset Type Bootcamp
• Leveraging existing library of content and
connects to create an active WE • We have identified 151 content assets in line with the
Community
requirement of the Ignite participants We have
identified 400+ assets (including assets developed for
Main topics to focus on by Masterclass 1 1 1 1 0 1 1 2 3 2 0 0 13 P1 Ignite and Activate programs) that will be uploaded in
priority: Expert Videos 0 0 0 0 0 1 1 1 2 5 3 0 13 P1 a staggered manner.
• P1 - Opportunity Discovery Fireside chat 0 1 1 1 0 1 1 0 1 2 0 0 8 P1 • As part of the repurposing activity, all the assets in
• P1 – Customer and Markets Case Study 1 1 1 1 0 1 1 0 1 2 0 0 9 P1 the WE Content catalogue would undergo an in-depth
1 4 1 0 1 10 12 4 5 10 2 1 51 P1 analysis by internal/external mentors and beneficiary
• P1 - Lovable Product Case Study Videos
feedback to ensure best quality and most relevant
• P1 - Sustainable Differentiation Concept Note 1 1 1 1 0 1 1 0 1 2 0 0 9 P1 assets are published on the WE Genie Platform
Handouts 1 1 1 1 0 1 2 0 1 2 0 0 10 P2 (Digital Library)
• P1 - Business Model
Good Reads 0 1 0 0 0 5 14 4 1 8 5 0 38 P3
• P2 - Startup Roadmap • To get more traction from the Startups we are also
Total by CSE 5 10 6 5 1 21 33 11 15 34 10 1 151 planning to create/repurpose the business case
• P2 - Go-To-Market Strategy
Priority by CSE P1 P1 P1 P1 P2 P2 P2 P2 P3 P3 P3 P3 videos.
• P2 – Funding
• To ensure the search functionality works better, CSE
• P3 - Customer Experience
No asset developed Assets ready for upload mapping and keywords/ Hashtags have been
• P3 - Managing Growth completed, and shared with Platform team.
• P3 - Team and Execution
• NEN Bootcamp (30 hours) is being designed and
• P3 - Riskiest Assumptions Proposed Engagement Model for WE Content: developed before they enroll for our programs

Platform : Since all the participants will be on-boarded to the Ignite program, all the content assets will
be available to them {Program Course content (including live sessions and Masterclasses) and
• Content and delivery through Genie Digital Library}
Platform
10
• Bootcamp to be run on DIY mode
© 2022 Wadhwani Foundation
 Liftoff | Content on the Platform
Topics & Assets Prioritization: H2 2022 Content Rollout Plan: What do we want to achieve?
• The topics and assets that we are prioritizing are for the
H2 2022 Goals:

Sustainable Differentiation
pilot launch month only.

Customer and Markets

Go-To-Market Strategy
Opportunity Discovery

Customer Experience

Riskiest Assumptions
Team and Execution
• Maximize WE-Focus Startup empowerment

Managing Growth
Startup Roadmap

Total by category
Lovable Product

Business Model
through customized content and connects • The content topics are based on the 12- Critical Success

Funding
• Pilot Content MVP in Sept with ~50 Content pieces Asset Type
Priority by Elements. The asset types are a mix of Case studies,
with weekly additions and upgrades, thereafter, Asset Type Fireside discussions with start-up entrepreneurs, Expert
incorporating learnings videos, Masterclasses, and Courses
• Leveraging existing library of content and connects
to create an active WE Community • In the pilot phase, we will start with 176 content assets
in line with the requirement of the Lift-Off 2
Main topics to focus on by priority: Masterclass 0 0 1 0 0 3 2 2 0 1 0 0 9 P1 participants. We have identified 400+ assets (including
Expert Videos 0 0 0 0 1 1 1 1 2 5 5 0 16 P1 assets developed for Ignite and Activate programs) that
• P1 - Opportunity Discovery
Fireside chat 0 0 1 0 0 1 1 0 1 0 0 0 4 P1 will be uploaded in a staggered manner..
• P1 – Customer and Markets
Case Study 0 0 1 1 0 1 1 0 0 1 0 0 5 P1 • As part of the repurposing activity, all the assets in the
• P1 - Lovable Product
Case Study Videos 0 4 1 0 1 10 12 4 8 11 2 1 54 P1 WE Content catalogue would undergo an in-depth
• P1 - Sustainable Differentiation 0 0 0 1 2 2 2 0 2 4 2 0 15 P1
Concept Note analysis by internal/external mentors and beneficiary
• P1 - Business Model Solution Kits 1 0 0 5 3 6 8 0 3 3 6 0 35 P2 feedback to ensure best quality and most relevant
• P2 - Startup Roadmap Good Reads 0 1 0 0 0 5 14 4 1 8 5 0 38 P3 assets are published on the WE Community Platform.
• P2 - Go-To-Market Strategy Total by CSE 0 5 4 7 7 29 41 11 17 34 20 1 176 • This will provide us with a good opportunity to directly
• P2 – Funding Priority by CSE P3 P3 P3 P3 P2 P2 P2 P2 P1 P1 P1 P1 interact with Startups and learn directly from them as to
• P3 - Customer Experience
what more do they expect from the community
No asset developed Assets ready for upload
• P3 - Managing Growth • To get more traction from the Startups we are also
• P3 - Team and Execution Proposed Engagement Model for WE Content: planning to create/repurpose the business case videos
• P3 - Riskiest Assumptions
Free Premium Live
Content Content Events
Platform :
• Videos • Trainings • Masterclasses
• Content, Connect, Community delivery through
• Good Reads • Solution Kits • Bootcamp
Mighty Networks platform
• Business Cases • Networking
• Exclusive WE India Focus Network before going • Concept Notes
global
• Dedicated Community Manager
11
© 2022 Wadhwani Foundation
Q2-Q3 ‘22 Faculty Deployment Status | Ignite & LiftOff

I g n it e p r o g r a m Fa c u lt y d e p lo y me n t L i ft - o ff fa c u l t y d ep l o y m en t
Ventures Created Active Ventures / (M1 Submitted) Ventures Created Active Ventures / (M1 Submitted)

S o m n a t h D u tt a 60 Yet to start
G eet h a S an j ay 25 0
Week-1
Sap t ap ar n a G h o sh 116

Sh i v an i Var sh n ey 225 Week 1 Vi sh al Nai r 26 14

Dr. Sm i t a Harwani 164 138

S h ai k W aseem 37 25
Vi sh al N ai r 138 76

S h ai k W aseem 77 48 D r . Su j at h a 57 32

Dr. Sujat ha R. 164 112

S h ai k W aseem 15 5
Am i t Si n gh 44 30

1. Checklist provided to D2C/D2S/D2F Facilitators for feedback & evaluation

2. Golden standard deck created and shared with D2C/D2S/D2F faculties
3. Orientation of faculties on the Golden standard deck for quality submissions of milestones

@ Copyright Wadhwani Foundation 12

Faculty Orientation Program

Focus points
Faculty Orientati on Program • Week Orientation in Ignite Content, Concept Booklets
Participated Qualified Improving
• Experiential & Case Based Pedagogy 
• Practice Session - How to conduct a case-based session
62

• Group wise Case Presentation & Pedagogy Assessment

• MCQ Assessments 
42

• Milestone Journey & Venture Creation

37

31
• GEP Platform & process
27

26
• Fireside chats
17

16

• Master Class Videos

7

• Evaluation Rubrics
0

0
B at c h 1 -I n d i a
(1 5 May -2 J u l 2 2 )
B at c h 2 -P h i l l i p i n es
(1 6 J u l -3 0 Au g2 2 )
B at c h 3 -I n d i a &
I n d o n esi a (1 6 J u l -
B at c h 4 -I n d o n esi a (2 3
Au g-2 0 S ep ) • Faculty Guides for delivery
3 0 Au g2 2 )

• Exposure to Entrepreneurship Ecosystem

Summary: 
• Batches conducted - 4
• Faculty enabled in India: 47  | SEA: 59
• 24 are in process @ Copyright Wadhwani Foundation 13
NEN Ignite India | Institute partners 2022

WEST 100+
Start-
ups
350+
Startups EAST
NORTH 1200+
Startups

SOUT
H
300+ CENTRAL
Startups
200+ Startups

@ Copyright Wadhwani Foundation 14

 Tier 1: Banaras Hindu University​
NEN Ignite India | Tier 1 & 2 partners 2022-23 ​
Tier 2: IMT Ghaziabad​
Tier 1: IIT Roorkee | IIT Ropar |  IIT Delhi
Tier 1: Institute of Chemical Technology Jamia Millia Islamia​ Aligarh Muslim University​
​ Amity University Noida​
Tier 1: IIM Udaipur | S. P. Jain Institute of Management and Tier 2: IIT Mandi | Lovely Professional BML Munjal University​
Research |IIT Bombay  |  Birla Institute of Technology & Science | University | Indian Institute of Foreign Trade
Savitribai Phule Pune University​ International Management Institute | IIIT Delhi
​ Indraprastha Institute of Info Tech Delhi | Netaji
Tier 2: Veermata Jijabai Technological Institute | College of Subhas University of Technology (NSUT)
Engineering Pune |Tata Institute of Social Sciences |  Symbiosis Chandigarh University 
Institute of Business Management  | NIT Goa 

C NORTH

WEST EAST
Tier 1: Indian Institute
of Enggn Science & Tech | IIM
Calcutta​
C
​
Tier 2: NIT Durgapur

Tier 1: National Institute of Technology, Suratkal Current Partners 2022 (2/7)

| Amrita Vishwa Vidyapeetham​
C ​ Signed-up 2023 (3/3)
Tier 2: R.V. College of Engineering  | Kumaraguru
College of Tech | PSG College of Arts and Science Potential Partners 2023 (12/17)

SOUTH Tier 1: Vellore Institute of Technology | Amrita

School of Engineering ​
​
Tier 1: PSGR Krishnammal College for Women​
Tier 2: SRM Institute of Science & Tech  | Manipal Institute of
​
Tech | St. Joseph's College
Tier 2: Karunya Institute of Technology and Sciences | Vel Tech Institute
of Science and Technology | Sri Ramachandra Institute of Higher Ed & Research ​ @ Copyright Wadhwani Foundation 15
WE Liftoff India Partners : Incubators 2022
AICTE Smart India
Hackathon

IIM Kashipur
STPI, New Delhi (20 Startups)
(150 Startups)

BITS Pilani (7)

IIM Udaipur (15)
IIHMR (6)
AIC MUJ (6)
 Bilaspur Smart-city Incubator
– Bincube (60 Startups)

AIC GUSEC (45)

AIC Prestige (10 Startups)

InFed - IIM Nagpur

(45 Women-led Startups)
AIC CCMB (15)
ICAR (15)

IIM Trichy (5)

Periyar University (5)
MCC MRF Innovation Center (15)
Vel-Tech (8)

Cohorts Launched

Cohorts to be Launched
WE Liftoff India Partners : State Startup Missions 2022

Startup Uttarakhand (20

Startups)

iStart, Govt. of Rajasthan

(40 Startups)
StartIn UP
(50 Startups)

Startup Bihar
(30 Startups)

i-Hub, Gujarat
(30 Startups)
Startup Odisha ((30 Startups)

Maharashtra State Innovation

Society
(40 Startups)

Kerala Startup Mission

(30 Startups) EDII, Tamil Nadu
(30 Startups) Cohorts Launched

Cohorts to be Launched
@ Copyright Wadhwani Foundation 17
WE NEN Ignite & LiftOff – our recommendations
Ignite
1. Autonomous Educational Institutions and
Universities need to promote Entrepreneurship
in senior Graduate and Post Graduate
curriculum.
2. NEN Ignite is a case based, experiential, one
semester credit bearing program that helps
graduate students get an understanding about
entrepreneurship.
3. Cases are developed based on real startups from
India working with an early-stage private funding
agency in Mumbai.
4. Making the course credit bearing is absolutely
essential for the students to take it seriously and
complete.
5. Global Jury certification and opportunity to
interact with real entrepreneurs and mentors
gives students a very good experience
@ Copyright Wadhwani Foundation
LiftOff
1. Incubators and state startup missions have a big
role to play helping early-stage startups from all
parts of India survive and thrive.
2. Incubators and state startup missions require a
robust process to call for applications, select and
conduct a six-month structured intervention to
make early-stage startups investment ready.
3. NEN Liftoff is a case based, experiential,
six- month program that helps startups to
improve their value proposition and make them
investor ready.
4. NEN has a vibrant ecosystem of startup
consultants, mentors, investors and industry
experts with domain expertise to help early-stage
startups.
5. Finding grants and private investments for the
early-stage startups should be the goal of these
programs.
18
Appendix

www.wfglobal.org
@ Copyright Wadhwani Foundation 19
Faculty Profiles

Dr. R.Sujatha, Principal Entrepreneur Education with Wadhwani Entrepreneur, WF. She is a Ph.D from the Department of
Commerce, Univ of Madras with 17+ years of experience in Academics, Consulting and Research, served as a Professor in
Organizational Behaviour, Strategic HR & Entrepreneurship. A Certified professional in psychometric assessments & coaching
and FDP. Participated in FDP for Pedagogy & Research, IIM A.

Shaik Wasim, Sr. Entrepreneur Educator. He is a MBA (Business Management), NMIMS and Project Management Professional,
PMI USA. He has 12 years of experience as a mentor, educator, consultant, start-up evangelist and a founder

Vishal Nair, Entrepreneur Educator is M.Tech (Embedded Systems), Karunya Deemed University. He is Co-Founder and Director,
LightNSalt Pvt Ltd. He has 5+ years experience in Academics and promoted Entrepreneurship in campus. He is a Start-up
evangelist, trainer, educator and an entrepreneur

Geetha Sanjay , Sr. Consultant. She is an expert in Digital Healthcare. A M.Sc (Applied Genetics), Bangalore University and CEP
in Business Analytics & Optimization, IIT Delhi. She has more than 21 years of experience as a mentor and consultant in
Healthcare & Allied Industry

@ Copyright Wadhwani Foundation 20

Faculty Profiles

Prakash Nimbalkar, Mentor & Consultant. An expert in GTM with 20+ years of experience in start-up mentoring, marketing
and communication. He is a MBA (Marketing), Indian School Of Business And Management.

Dr. Ismail Akbani , Mentor & Startup Consultant (PT)has 11+ years of experience in Academics and Research. He is a Ph.D in
Design Thinking and Rural Entrepreneurship from IIT Delhi.

Dr. Ruchi Gautam Pant is a trained Entrepreneur Educator & Part Time Consultant. She is a Ph.D in HR & Innovation from
Amity University. She has academia & industry experience of 10+ years.

Prof. Sadhish Prabhu S is an Entrepreneur Educator, Mentor & Consultant (PT). He is a Masters Of Engineering
(Communication Systems), Anna University. He is a Cofounder and Director of Vasthak Pvt Ltd. He has 18 years of experience in
Technical Education.

@ Copyright Wadhwani Foundation 21

Faculty Profiles

Prof. Somnath Dutta is a Trained Entrepreneurship Educator & Consultant (Part-time). He is a Ph.D (Strategic Management),
Sri Sri University and has Certification on Entrepreneurship in Emerging Economies, Harvard online. He has 22+ years of
experience as an educator

Dr. Smita Harwani is a Consultant. She is a Ph.D from Amravati University in the area of Marketing & Consumer Behaviour. A
Certified Entrepreneurship Educator and a start-up founder She has 11 years of experience as a mentor, researcher and
counsellor

Shivani Varshney, Mentor & Consultant. She is M.Tech (CSE) & PGDHR from Symbiosis Institute of Management. She is runs
her own start-up and is the Founder of Blissful Space

Jigar Jivani is a Start-up Consultant . He is a MBA (Marketing) CMS, Ganpat University. He has 10+ years of rich experience in
consulting start-ups and mentoring student ventures

@ Copyright Wadhwani Foundation 22

Mentor Profiles

Narayana Swaroop is Venture Partner at Aha Ventures. He has over 25 years of Experience in Venture Capital. He
has founded several ventures and has expertise in Business Development.

Maruthi Pathapati is Founder & Director at Vidcentum Automation. He has over 24 years of Experience in
Technology. He has founded several ventures and has expertise in SaaS Technologies

Phani Pattamatta is Chief Operations Officer at Bourntec Solutions. He has over 25 years of Experience in HR
Industry. He has worked with Adecco, Randstad and TiE Hyderabad.

Bhagwan Makhijani is Startup Mentor and Advisor. He has over 40 years of Experience in Finance. He has worked
with MESCO, Diamond Power Transformer Limited, Pratham Enterprises

@ Copyright Wadhwani Foundation 23

Mentor Profiles

Bharat Moossaddee is Ex-Chief Financial Officer at Mahindra & Mahindra. He has over 30 years of Experience in
Finance. He has worked with Shell India, Vedanta Resources, Gumberg Global as well.

Bhaskar Roy is Head, ESG Data and Analytics at Fractal. He has over 17 years of Experience in Digital
Transformation. He has worked with Accenture, Target, State Bank of India. 

Dr. Salman Shaikh Entrepreneur - electronics, rehabilitation engineering, innovation management, sustainable
technology and design thinking. 11 years of experience in engineering research, academics and startup ecosystem.
Strategist focused on practical applications of engineering in real time world and grass root level to achieve
Sustainable Development Goals. Results-driven executive and exceptional leader, change manager and complex
problem solver.

Harsh Deodhar is Head of Investor Relations at Aha Ventures. He has over 13 years of Experience in Venture
Capital. He has worked with Startup Grind and has been a Co-Founder as well.

@ Copyright Wadhwani Foundation 24

Mentor Profiles

Amit Kaul is India Country Manager & Vice President Engineering at Dialpad. He has over 20 years of Experience
in Information Technology. He has worked with Poly, Cisco, Intel.

Subho Pati Sanyal is Chief Operations Officer at The Nistula Group of Companies. He has over 32 years of
Experience in Business Process Outsourcing. He has worked with Enquire, Sealed Network, BTG Network

Srinivas Duddu brings over 25 years of experience leading Global Teams of Services, Support and Deployment.
Before Kaltura, he had his entrepreneurial instinct to co-found a Technology Start-up in the “Secure
Communications” space. For 7 years before that, led the Services team at Nagra Kudelksi in the APAC region.

Sanjeev Singhal is Chief Technology Officer at D2C Brands. He has over 28 years of Experience in Technology. He
has worked with Reliance Big Entertainment, iProf Learning, India Today Group

@ Copyright Wadhwani Foundation 25

 Q2-Q3 Faculty Deployment Status Ignite 
Faculty Venture-wise Summary D2C and D2S

2022 -
Batch Start Batch Start Current Baselining M1 M2 M3 M4
Quarter Faculty Name RM Name Institute / Batch Names Program Ventures
Month Date Week Submissions Submission Submission Submission Submission
(1 -2-3-4)
Sessions
Not
Q-2 Jun'22 Dr. Smita Harwani Craig D2C_IGN_2.1_Parul IGN 2.1 31st May 128 completed , 111 116 96 Mid Oct
applicable
M4 due
D2S - IGNITE - Istart -
Q-2 Jun'22 Vishal Nair Swarup IGN 2.1 3rd June 39 Week 6 Not applicable 25 18 11 Not Open
June
D2C_IGN_2.1_June
Q-2 Jun'22 Shaik Waseem Amit IGN 2.1 24th June 18 Week 7 Not applicable 11 9 Not Open Not Open
(Open) Cohort
D2C_IGNone_Oxford + submission
Q-2 Jun'22 Dr. Smita Harwani Craig IGNone 3.0 June End 36 Week 7 Not applicable 27 7 Not Open
Cauvery + DRIEMS in process
D2S_IGN.2.1_B- Not submission
Q-3 Jul'22 Dr. Sujatha Subhabrata IGN 2.1 11th July 30 Week 7 19 19 Not Open
Incube_July applicable in process
submission in
Q-3 Jul'22 Vishal Nair Swarup D2C-IGN_VNBRIMS IGNone 3.0 20th July 54 Week 4 Not applicable 18 Not Open Not Open
process
NextGen (D2S) : IGN : submission in
Q-3 Jul'22 Amit Amit IGN_2.1 29th July 29 Week 4 Not applicable 20 Not Open Not Open
STPI_July process
Q-3 Jul'22 Dr. Sujatha Subhabrata UEM-DBA : BBA IGN_2.1 31st July 31 Week 5 Not applicable 24 Not Open Not Open Not Open

Q-3 Jul'22 Dr. Sujatha Subhabrata UEM-DBA : MBA IGN_2.1 31st July 19 Week 5 Not applicable 17 Not Open Not Open Not Open
NextGen (D2S) : IGN :
Q-3 Aug'22 Vishal Nair Naved IGN_2.2 22nd Aug 45 Week 3 Not applicable Not Open Not Open Not Open Not Open
AUG Open
NextGen (D2S) : IGN :
Q-3 Aug'22 Shaik Waseem Naved IGN_2.2 26th Aug 35 Week 2 Not applicable Not Open Not Open Not Open Not Open
AICGUSEC_Aug
Q-3 Aug'22 Shivani Varshney Subhabrata D2C : UEMK : Sec ABCD IGN_2.2 27th Aug 109 Week 2 Not applicable Not Open Not Open Not Open Not Open
Q-3 Aug'22 Shivani Varshney Subhabrata D2C : UEMK : Sec EFGH IGN_2.2 27th Aug 116 Week 2 Not applicable Not Open Not Open Not Open Not Open

Q-3 Aug'22 Saptaparna Ghosh Subhabrata D2C : UEMK : Sec IJKL IGN_2.2 27th Aug 116 Week 2 Not applicable Not Open Not Open Not Open Not Open
NextGen (D2S) : IGN :
Q-3 Sep'22 Shaik Waseem Naved IGN_2.2 1st Sep 24 Week 1 Not applicable Not Open Not Open Not Open Not Open
SEP Open
Craig &
Q-3 Sep'22 Dr. Sujatha D2C : PSGR + Adani IGN_3.1 13th Sep 25 Yet to start Not applicable Not Open Not Open Not Open Not Open
Swarup
Q-3 Sep'22 Somnath Dutta Amit D2C : IMT Ghaziabad @IGN_3.1 25th Sep
Copyright Wadhwani 60
FoundationYet to start Not applicable Not Open Not Open Not Open Not Open 26
 Q2-Q3 Faculty Deployment Status Ignite & LiftOff
2022 -
Batch Start Batch Start Current Baselining M1 M2 M3 M4 Milestone
Quarter Faculty Name RM Name Institute / Batch Names Program Ventures
Month Date Week Submissions Submission Submission Submission Submission submitted status
(1 -2-3-4)
Q-2 May'22 Dr. Sujatha Swarup Lift Off_Lateral_May Lift Off 23rd May 43 Week 7 26 24 9 6 Not Open 24 / 24 Green in P1
Lift
Q-3 Jul'22 Shaik Waseem Subhabrata Off_Lateral_Bincube_Jul Lift Off 14th July 37 Week 7 25 13th Sep Not Open Not Open Not Open P1 Due on 13th Sep
y
LiftOff_Lateral :
Q-3 Aug'22 Dr. Sujatha Naved Lift Off 2nd Aug 14 Week 6 7 2 Not Open Not Open Not Open Evaluation Pending
IIMU_Aug
Q-3 Aug'22 Vishal Nair Amit LiftOff_Lateral : STPI Lift Off 4th Aug 26 Week 4 14 Not Open Not Open Not Open Not Open Evaluation Pending

Q-3 Sep'22 Geetha Sanjay Naved LiftOff_Lateral : SEP Lift Off 7th Sep 25 Week 1 Not Open Not Open Not Open Not Open Not Open

@ Copyright Wadhwani Foundation 27

NEN Ignite India | Institute partners 2022
Tier Start Ventures Tier Start Ventures
Sr No. Institutes (1,2,3,others) Month Created Sr No. Institutes (1,2,3,others) Month Created

1 Karunya 2 January 5 28 TAPMI School of Business, Manipal University, Jaipur Others August 15
2 JKLU Others January 10 29 Adani Institute of Digital Technology Management (AIDTM) Others August 10
3 MIT Academy 3 January 4 30 IIIT (Naya Raipur) Others August 35
4 BML 2 February 58
31 MLRIT - Batch 1 Others August 20
5 MLRIT Others February 16
32 PSGR Coll for Women 1 August 20
6 Medicap Others February 7
33 B.S.Abdur 3 August 100
7 UEM DBA Others February 20
34 UEM - Kolkata Others August 360
8 IEM (MH) 3 February 99
9 UEM-K (ABCD)+(EFGH)+(IJKLM) Others February 301 35 MKSSS Cummins 3 August 40
10 Veltech 2 March 7 36 Shri Shikshayatan College Others August 15
11 SGT University Others April 18 37 Medicaps Institute Others August 5
12 Birla Global University Others May 29 38 Haldia Institute of Management Others September 40
13 Parul University Others May 127 39 UEMK - (Sec M) Others September 30
14 MIT Academy of Engineering 3 June 4 40 Manav Rachna University Others September 55
15 Amity University - Noida 2 June 6 41 SVIM Others September 80
16 Cauvery College for Women Others June 13 42 B.C.Roy Others September 40
The Oxford College of Business Management -
17 Bangalore
Others June 8 43 MKSSS Cummins 3 September 55
18 BRIMS - Thane Others July 54 44 IMT Ghaziabad 2 September 60
19 Vivekanand Institute (MMS) Others July 52 45 Banaras Hindu University 1 September 10
20 Karunya Institute - Batch 1 2 July 11 46 Muslim Aligarh University 2 September 10
21 UEM-DBA (MBA) Others July 20 47 SGSITS Others September 20
22 UEM DBA (BBA) Others July 30 48 Daly College Others September 10
23 IEM (Mngt House) 3 July 100
49 Anurag University 3 September 10
24 DRIEMS Others July 15
50 IEM (Engg Campus) 3 September 150
25 BGU Others August 15
51 Sri Ram Chandra Medical Coll & Res. Inst. 2 September 50
26 Kohinoor Business School Others August 20
52 Jai Hind College, Mumbai Others September 10
27 Vivekanand Institute (PGDM) - batch 2 Others August 15

Course completed
Ongoing
@ Copyright Wadhwani Foundation To start 28
THANK YOU!

www.wfglobal.org
@ Copyright Wadhwani Foundation 29